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India’s Zomato owner beats profit view on food delivery, quick commerce boost

Indian online delivery firm Eternal beat ‌quarterly profit estimates on Tuesday, as budget offerings and cost management helped its core food delivery business while the quick-commerce arm benefited from further expansion.

Analysts had expected the Iran war-led ​energy shock to weigh on food-delivery volumes but Eternal does not foresee ​a dent to margins.
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“Unless it’s a drastic increase, I don’t expect ⁠fuel pricing to have a meaningful impact on margins… [1417 chars]

Source: Reuters | Published: 2026-04-28T10:33:13Z

Credit: Reuters

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